3.7 Acres of Land with I 75 visibility

Vacant Land for Sale
Catylist Listing ID: 30579698
Property Subtypes: Industrial, Retail, Self Storage, Other
Gross Land Area: 3.70 Acres
Sale Price: $1,875,000
Unit Price: $506,756 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

One of the few parcels of land still available in Sarasota County with visibility / exposure to Interstate 75! Lakewood Ranch, UTC Mall,Fruitville and Sarasota Commons and the world class rowing facility at Benderson Park just to name a few highlights and developments within a 5 mile radius. Sarasota is considered the jewel of the West Coast of Florida with explosive growth in the past 10 years and home to the number 1 rated beach in the USA several years running. There are also several large residential developments underway or planned in the area, including Waterside at Lakewood Ranch with 5000 new residences. With a price point under $2m, there are numerous development opportunities for this site. ILW zoning allows for a wide variety of uses and is a very desirable and flexible zoning classification.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0048080012 and 0048080011
Zoning: ILW (INDUSTRIAL LIGHT WAREHOUSING)
Property Located Between: Palmer Boulevard and Fruitville Road (interchange)
Property Visibility: Excellent
Legal Description: BEG AT SW COR OF LOT 51 TH N-09-19-43-E 211.8 FT ALG ELY R/W OF PACKINGHOUSE RD TH S-89-00-47-E 489.93 FT TO THE W R/W OF I-75 TH S-08-48-21-W 295.21 FT TH S-01-06-02-E 92.45 FT TH N-73-02-02-W 505.66 TH NWLY ALG R/W CURVE 16.31 TH N-09-19-43-E 20.01 TO POB SUBJ TO 6409 SF DRAINAGE ESMT TO COUNTY AS DESC IN ORI 2000015332 PALMER FARMS 2ND UNIT. and TRACT 3, INCLUDING PORTION OF FORMER 60 FT RR R/W ADJ TO E & PORTION OF TRACT 2 LYING ELY OF CATTLEMEN RD, LESS CATTLEMEN RD R/W DESC AS PARCEL 95 IN OR 1794/1734 & 1735, LESS 1.43 AC TRACT AS DESC IN OR 1913/2775, LESS PORTION LYING NLY & WLY OF CATTLEMAN RD R/W, PALMER FARMS 2ND UNIT
Largest Nearby Street: Cattlemen
Feet of Frontage: 211
Traffic/Vehicle Count: 120,000
Highway Access: I 75 at Fruitville Road
Airports: Sarasota Bradenton and Tampa International
Site Description: 3.7 acres just South of Fruitville and I 75 Interchange
Area Description: Mix of retail, industrial and residential developments
Lot Frontage: 211
Lot Depth: 500
Zoning Description: ILW (Industrial Light Warehousing).
Topography: Level
Easements: Utilities, Other
Easements Description: Utility and sidewalk easements
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,511 62,531 149,061
Median Age: 41.8 47.9 47.73
Households: 1,781 27,438 67,270
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